You are compiling the consolidated financial statements for Winsor Corporation International (WCI). The corporation’s accountant, Anthony Reese, has provided you with the segment information shown below.

Major Segments of Business WCI conducts funeral service and cemetery operations in the United States and Canada. Substantially all revenues of WCI’s major segments of business are from unaffi liated customers. Segment information for fi scal 2015, 2014, and 2013 follows (amounts in thousands).

Instructions Determine which of the segments must be reported separately and which can be combined under the category “Other.” Then, write a one-page memo to the company’s accountant, Anthony Reese, explaining the following.

(a) What segments must be reported separately and what segments can be combined.

(b) What criteria you used to determine reportable segments.

(c) What major items for each must be disclosed.

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Funeral Floral Cemetery Real Estate Dried Whey Limousine Consolidated Revenues 2015 $302,000 $10,000 $ 73,000 $2,000 $7,000 $12,000 $406,000 2014 245,000 6,000 61,000 4,000 4,000 4,000 324,000 2013 208,000 3,000 42,000 3,000 1,000 3,000 260,000 Operating Income 2015 74,000 1,500 18,000 (36,000) 500 2,000 60,000 2014 64,000 200 12,000 (28,000) 200 400 48,800 2013 54,000 150 6,000 (21,000) 100 350 39,600 Capital Expenditures 2015 26,000 1,000 9,000 400 300 1,000 2014 28,000 2,000 60,000 1,500 100 2013 14,000 25 8,000 600 25 Depreciation and Amortization 2015 13,000 100 2,400 1,400 100 2014 10,000 50 1,400 700 50 2013 8,000 25 1,000 600 25 888888 37,700 700 92,300 50 22,700 200 17,200 100 12,300 50 9,700 Identifiable Assets 2015 334,000 1,500 162,000 114,000 500 8,000 620,000 2014 322,000 1,000 144,000 52,000 1,000 6,000 526,000 2013 223,000 500 78,000 34,000 500 3,500 339,500